Why Crypto Markets Cheer Trump’s Pick for Acting DNI Role

President Donald Trump named Federal Housing Finance Agency Director Bill Pulte as Acting Director of National Intelligence on Tuesday. The pick drew immediate celebration from Bitcoin holders tracking his pro-crypto record.

The 38-year-old will keep his FHFA role and chairmanship of Fannie Mae and Freddie Mac. He will dual-hat the positions until a permanent DNI is nominated and confirmed.